Search ResultsShowing 1 - 10 of 100+ results for "Banking"
IOOF acquires OnePath at a discount
ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... warranty caps. "The sale remains consistent with our strategy to simplify our operations by focusing on retail and business banking in Australia and New Zealand, and institutional baking across the Asia Pacific region," ANZ group executive wealth Alexis ...
KPMG foretells open super era
HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
The global consulting giant believes developments in open banking could be the boon to solve superannuation's member engagement challenges. In a new report released today, KPMG revealed the future of member engagement in super will closely follow the ...
AFCA gets 1450 complaints a week
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... the way to an Ombudsman's Determination." Recently, the Competition and Consumer (External Dispute Resolution Scheme - Banking Sector) Instrument 2019 was registered. This instrument recognises AFCA as the external dispute resolution scheme for the banking ...
ACCC to probe rate cut decisions
HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... different factors that financial institutions take into account when setting their prices." Responding to the inquiry, the banking sector's peak advocacy body, the Australian Banking Association said the sector stood "ready to assist the ACCC" in ...
Chief economist update: When QE is not QE
BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... overall level of economic activity. These purchases are purely technical operations aimed at maintaining reserves in the banking system at an ample level that supports the efficient and effective implementation of monetary policy." Potato or potatoe ...
Culture change must not be a fad: APRA
HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...
Regal appoints global distribution lead
ELIZA BAVIN  |  FRIDAY, 11 OCT 2019
... experience and proven track record across sales, marketing and client experience in the funds management and investment banking industry made her the perfect candidate for the role," he said. Fesq said: "As we see an increasing demand for active managers ...
AMP combines business units, appoints new boss
KANIKA SOOD  |  THURSDAY, 10 OCT 2019
AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ...
Fidelity wholesale director departs
KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... he started as an associate director and national key account manager in 2007. He then became a division director for banking and financial services, focusing on institutional partnerships. Prior to this, he was a senior BDM at Asgard and a wraps specialist ...
QMV kicks off legal practice, appoints lead
KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... advising superannuation funds on legal changes beyond what is "signed and approved". As an example, Vaughan cited the Open Banking regime which he says will force superannuation funds, and not just banks, to think about data protection and privacy in ...
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